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CastleNet Technology Inc (8059) Fair Value & Analysis

Technology · TW · Market cap 3.1B TWD

CT CastleNet Technology Inc 8059 · TWO
Price15.45 TWD
Fair Value19.57 TWD
Upside+26.7%
Quality57/100
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Mixed Growth
Loss-making · -3.8% net margin
Low debt · generates free cash flow
Ranks above peers (7/11)
Narrow moat 13/100
Evidence: Medium Range 13.70 TWD – 25.45 TWD Share as image

Fair value as of: Jul 22, 2026

From 9 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 98.54 TWD to 19.57 TWD (−80.1%) since Jul 12, 2026. Share price −2.5% over the past month.

A solid business, screening 27% undervalued on our models.

What matters now

  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (13.70 TWD to 25.45 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

45.00 TWD 8.98 TWD Fair Value 19.57 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 8.98 TWD – 45.00 TWD · fair‑value band 13.70 TWD – 25.45 TWD · the 15.45 TWD price screens below the 19.57 TWD fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

CastleNet Technology Inc (8059) currently trades at 15.45 TWD, while our model-based Fair Value estimate is 19.57 TWD, implying the stock looks roughly 26.7% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, CastleNet Technology Inc generated revenue of 9.6B TWD at a net margin of -3.8%. It earns a return on equity of -22.3%. Net debt stands at 3.8M TWD. Fundamentals as of Jul 22, 2026

Our scenario range runs from 13.70 TWD (bear case) to 25.45 TWD (bull case); at 15.45 TWD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 60% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at 27%, 8059 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 144.80 TWD 267.38 TWD 464.86 TWD 80
Rev-Margin DCF 114.55 TWD 191.03 TWD 351.59 TWD 74
Gordon GGM 0.7800 TWD 1.55 TWD 2.35 TWD 70
All 9 models by family
DCF Models
FCF DCF 153.60 TWD 231.57 TWD 474.66 TWD 38
5Y Revenue Exit 104.99 TWD 168.06 TWD 299.49 TWD 39
10Y Revenue Exit 118.10 TWD 231.60 TWD 298.67 TWD 36
Dividend Discount
Gordon GGM 0.7800 TWD 1.55 TWD 2.35 TWD 70
DDM Multi-Stage 0.7800 TWD 1.34 TWD 1.64 TWD 61
Multiples
EV/Revenue 78.10 TWD 107.66 TWD 137.22 TWD 43
Asset-Based
NCAV (Graham) 2.88 TWD 3.85 TWD 5.75 TWD 50
Growth DCF
Growth DCF 144.80 TWD 267.38 TWD 464.86 TWD 80
Rev-Margin DCF 114.55 TWD 191.03 TWD 351.59 TWD 74

Widest divergence: DCF Models (231.57 TWD) versus Dividend Discount (1.34 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 9.6B TWD
Revenue growth (YoY) +1,064%
Net margin -3.8%
Return on equity -22.3%
Free cash flow 1.8B TWD FY2025
Operating margin 2.3%
More key figures
EPS (TTM) -2.39 TWD
Net debt 3.8M TWD FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 58 · Market factors (momentum, volatility) 18

Profitability 17
Margins and returns on capital today
Quality Growth 91
Are margins and returns improving?
Cashflow 91
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 76
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

CastleNet Technology Inc. engages in manufacturing of network communication products in Taiwan, Europe, South America, Japan, and Korea.

Full company description

CastleNet Technology Inc. engages in manufacturing of network communication products in Taiwan, Europe, South America, Japan, and Korea. The company offers broadband cable CPE products, including cable modem, modem module, and router, as well as voice gateway; and mesh Wi-Fi system, such as mesh Wi-Fi controller, extender, and remote device management software system. It also provides EMTA/data modem, EMTA and data gateway, ECMM, and other consumer electronics. The company was incorporated in 1998 and is headquartered in New Taipei City, Taiwan. CastleNet Technology Inc. operates as a subsidiary of Kinpo Electronics, Inc.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CastleNet Technology Inc reported revenue of 7.6B TWD in FY2025 versus 1.7B TWD in FY2021, a compound +45.8%/yr. Reported net income was −463M TWD in FY2025.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
7.6B TWD
Latest YoY
+1,760.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+88.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+42.6%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+24.3%
Revenue +45.8%/yr
FY21 1.7B TWD
FY22 1.1B TWD
FY23 556M TWD
FY24 411M TWD
FY25 7.6B TWD
Net income
FY21 −151M TWD
FY22 16.3M TWD
FY23 6.7M TWD
FY24 −355M TWD
FY25 −463M TWD

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Cite: Fair Value Calculator (2026). "CastleNet Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/8059

Peer Group

Communication Equipment · 286 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside +27% · Top 25%
Return on assets -1% · Below median
Net margin (TTM) -4% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 1064% · Top 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/B 0.09× · Cheaper than 75% of peers
P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 69 · sector 0
FUTURE 100 · sector 30
PAST 0 · sector 15
HEALTH 98 · sector 98
DIVIDEND 0 · sector 25

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $119.25 $43.05 -64%
Zhongji Innolight Co 300308 ¥1,094 ¥171.09 -84%
Foxconn Industrial Internet Co 601138 ¥56.50 ¥28.65 -49%
Eoptolink Technology Inc 300502 ¥482.88 ¥155.05 -68%
Nokia Oyj NOK $11.25 $2.67 -76%
Motorola Solutions, Inc MSI $413.31 $190.43 -54%
Suzhou TFC Optical Communication Co 300394 ¥244.13 ¥32.04 -87%
Telefonaktiebolaget LM Ericsson (publ), ERIC $11.72 $15.96 +36%
Accton Technology Corporation 2345 2,090 TWD 846.28 TWD -60%
ZTE Corporation 000063 ¥40.00 ¥15.75 -61%

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Frequently asked questions

Is CastleNet Technology Inc (8059) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 19.57 TWD versus a price of 15.45 TWD, about +27% (undervalued).
What is the fair value of 8059?
Our model-based fair value for CastleNet Technology Inc is 19.57 TWD (as of Jul 22, 2026), built from audited fundamentals. The current price is 15.45 TWD.
What is the quality score of 8059?
CastleNet Technology Inc has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of CastleNet Technology Inc (8059)?
CastleNet Technology Inc reported trailing-twelve-month revenue of about 9.6B TWD (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 8059?
The net profit margin of CastleNet Technology Inc is about -3.8%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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